NOT LISTED FOR SALE

Estimated Value: $5,593,000 - $7,624,000

3 Beds
3 Baths
2,532 Sq Ft
$2,552/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $4,550,000 $1,797 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $40,842/month

219 Days on Market

Highlights

  • Beach Front
  • Marina
  • Private Dock Site
  • Abraham Lincoln Elementary School Rated A
  • Property has ocean access
  • Marina View

About This Home

As of December 2018

Wonderful Contemporary gently lived in single family home on North Bayfront, Balboa Island, CA. large shared dock has a finger slip and side tie... Built in 1992 - 3 bedrooms and 3 baths. Indoor Laundry. Enclosed parking for two cars - Master suite across the front of the second story with great views... a large bathroom spa/tub and separate shower and a large walk in closet. Jack and Jill bedrooms in the back of the second floor share a full bath. Roof top deck with great views of the bay and city lights... Beautiful hardwood floors up and tile floors down. Granite counters in the gourmet kitchen...Large open floor space... Roof top deck with forever views... Wonderful family home on a user friendly bay front location... Perfect for water oriented family gatherings and entertaining...

Last Agent to Sell the Property

Marlys Vasterling

Lora Vance, Realtor License #00889533 Listed on: 04/01/2018

Last Buyer's Agent

Ramzi Rabbat

Realty One Group West License #01863335

Realty One Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,866

Year Built

  • Built in 1992

Lot Details

  • 2,550 Sq Ft Lot
  • Beach Front
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • Rectangular Lot

Parking

  • 2 Car Garage

Property Views

  • Marina
  • Bay
  • Views of a pier
  • Bridge

Home Design

  • Turnkey
  • Tile Roof

Interior Spaces

  • 2,532 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Outdoor Features

  • Property has ocean access
  • Private Dock Site
  • Docks
  • Balcony
  • Exterior Lighting

Schools

  • Corona Del Mar High School

Utilities

  • Forced Air Heating System
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 102
  • Assessor Parcel Number 05015204

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,866

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05015204
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2532.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Granite Counters, Open Floorplan
  • Stories: 2
  • Entry Location: East side mainfloor
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1797.00
  • Room Type: All Bedrooms Up, Jack & Jill, Kitchen, Laundry, Living Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Jetted Tub, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Exterior Features: Dock Private
  • View: Bay, Bridge(s), Marina, Pier, Water
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Beach Front, Fishing in Community, Includes Dock, Marina in Community, Navigable Water, Ocean Access

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 18
  • Tax Tract Number: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Rubeli Paul E and Rubeli Paul E
Bought by
Rubeli Property Holdings Llc
Total Days on Market
219
Current Estimated Value
$6,461,395

Purchase Details

Listed on
Apr 1, 2018
Closed on
Nov 8, 2018
Sold by
Watson Phyllis H and The Watson Family Trust
Bought by
Rubeli Paul E and The Mauren M Rubeli And & Paul
Seller's Agent
Marlys Vasterling
Lora Vance, Realtor
Buyer's Agent
Ramzi Rabbat
Realty One Group West
List Price
$5,000,000
Sold Price
$4,550,000
Premium/Discount to List
-$450,000
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Jan 25, 2016
Sold by
Park Center Exchange Inc
Bought by
The Watson Family Trust Of 1992 and Watson Noel G

Purchase Details

Closed on
May 29, 2015
Sold by
Watson Phyllis H and Watson Noel G
Bought by
Park Center Exchange Inc

Purchase Details

Closed on
May 3, 2010
Sold by
Woodard L Joseph
Bought by
Watson Phyllis H and Watson Noel G

Purchase Details

Closed on
Feb 29, 2000
Sold by
Joseph Woodard and Woodard Alison
Bought by
Woodard L Joseph and Woodard Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 20, 2000
Sold by
Joseph Woodard
Bought by
Woodard Joseph and Woodard Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 12, 1993
Sold by
Woodard Judy Vossler
Bought by
Woodard Joseph
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rubeli Property Holdings Llc -- None Available
Rubeli Paul E $4,550,000 Chicago Title Co
The Watson Family Trust Of 1992 -- None Available
Park Center Exchange Inc -- Chicago Title Company
Watson Phyllis H $3,275,000 Stewart Title Irvine
Woodard L Joseph -- --
Woodard Joseph -- North American Title Co
Woodard Joseph -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodard L Joseph $400,000
Previous Owner Woodard L Joseph $2,000,000
Previous Owner Woodard L Joseph $500,000
Previous Owner Woodard L Joseph $1,012,000
Previous Owner Woodard Joseph $100,000
Previous Owner Woodard L Joseph $977,000
Previous Owner Woodard Joseph $100,000
Previous Owner Woodard Joseph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $4,550,000 -8.1% $1,797 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $4,950,000 -1.0% $1,955 / Sq Ft
04/01/2018 04/01/18 For Sale $5,000,000 -- $1,975 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $54,866 $4,925,065 $4,509,600 $415,465
2023 $53,555 $4,828,496 $4,421,177 $407,319
2022 $50,157 $4,733,820 $4,334,487 $399,333
2021 $49,194 $4,641,000 $4,249,497 $391,503
2020 $49,223 $4,641,000 $4,249,497 $391,503
2019 $48,195 $4,550,000 $4,166,173 $383,827
2018 $39,399 $3,715,365 $3,302,130 $413,235
2017 $38,701 $3,642,515 $3,237,382 $405,133
2016 $37,828 $3,571,094 $3,173,904 $397,190
2015 $37,474 $3,517,453 $3,126,229 $391,224
2014 -- $3,448,551 $3,064,990 $383,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18073960

California Regional Multiple Listing Service (CRMLS)

APN: 050-152-04